FedNor is investing more than $600,000 in the Mushkegowuk Council to support two projects that will encourage business development, growth and job creation, and enhance technology services throughout the organization's catchment area, which includes the First Nation communities of Attawapiskat, Kashechewan, Fort Albany, Moose Cree, Taykwa Tagamou, Chapleau Cree and Missanabie Cree.
To support the implementation of its regional economic development strategy, the Mushkegowuk Council will receive FedNor funding of $457,650. This investment will enable the organization to establish a regional business corporation to support Aboriginal business development and youth entrepreneurs, enhance growth, create new training opportunities, and help First Nation communities identify and capitalize on resource development opportunities in the region.
A FedNor contribution of $144,600 to the Mushkegowuk Council will allow member First Nations to undertake a document digitizing initiative. Specifically, the project will help integrate important municipal documents into an existing geographic information systems (GIS), ensuring that the geo-referenced information can be used efficiently in support of shared economic development activities. This strategic investment will also help maximize the effectiveness of the system by training leaders, managers and employees on GIS best practices.
Provided through FedNor's Community Futures program, an investment of $320,000 will support the ongoing operations of the Wakenagun CFDC for a one-year period. In particular, the funding will enable the organization to provide small and medium-sized enterprises with access to capital and business counselling services. The Wakenagun CFDC is one of 24 Community Futures Development Corporations funded by FedNor to serve Northern Ontario businesses and communities. CFDCs are community-based, not-for-profit organizations run by volunteer boards and staffed by experienced business and economic development professionals.